Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The cost of petrol vs. electric cars as fuel prices soar
High oil prices mean drivers of petrol cars are now spending more to run their vehicle than those who have gone electric. Analysis by The Electric Car Scheme showed the annual cost of fuelling the typical petrol car has risen to £1,353 in…
Battery on wheels': Sweden powers homes with EVs
When they get home, the residents of a small housing association on the outskirts of Hudiksvall, Sweden, plug in their electric vehicles to charge them or, intriguingly, power their homes. The two-way energy exchange enables the eight families…
EVs capture two-thirds of China's car market in record-breaking week
Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June, the latest sign that the country's battery-powered carmakers are benefiting from the global energy crisis. Two out of every…
SpaceX to close above $2 trillion market cap on its debut, prediction market traders say
Traders on prediction market platform Polymarket think it's likely that SpaceX will rise in its public market debut Friday, and see high odds it will close with a market capitalization of more than $2 trillion. SpaceX would enter a club of just…
Akio Toyoda Wants Gas Engines, Not Electric Motors
Akio Toyoda—racing codename Morizo—has long been a champion of gas propulsion and embedding driving fun into vehicles. Though not everything Toyota sells necessarily has heart or soul, Toyoda certainly has drawn a line in the sand to…
I drove seven EVs in a day and my clear favourite costs less than £35k
Electric cars are more common on Britain's roads than ever, with virtually every major manufacturer producing at least one model, if not several. These range from SUVs and estates to hatchbacks, city cars, and even sports cars. A selection of…
SpaceX IPO Makes Elon Musk the World's First Trillionaire
Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world's first trillionaire. At a time when…
Porsche Purists Rejoice-911 Isn't Going Electric
Like a pendulum, Porsche's supposed upcoming line of electric sports cars has been on-again and off-again. While the 911 has become hybridized in GTS and Turbo (and Turbo S) variants, the real flip-flop has been whether the Cayman and Boxster would…
China learns to live on less fuel, to the relief of oil markets
Three months into the Iran war, the oil market is coming to grips with an unexpected new reality: China, the world's largest importer, needs much less fuel than previously thought. SCROLL TO CONTINUE WITH CONTENT Gasoline sales at Sinopec…
Battery on wheels': Sweden powers homes with EVs
The two-way energy exchange enables the eight families living there to save a lot on electricity bills, resident Filip Kiltorp, a 33-year-old salesman, told AFP. 'We use the cars to power our homes when our energy demand is high,' Kiltorp said…
How 3 million missing barrels of oil are keeping the global economy afloat during Iran war
The world economy has been largely spared from skyrocketing fuel prices in part for a surprising reason — China has cut back its daily imports by 3 million barrels of oil. After Iran shut down the Strait of Hormuz in retaliation for the war…
StarCharge to deploy 20,000 EV chargers in HK
StarCharge plans to deploy a total of 20,000 AC charging piles within the next three years to promote Hong Kong's green transportation transformation, announced in Hong Kong at the Mount Sumeru conference yesterday. SCROLL TO CONTINUE WITH CONTENT…
Endurance Energy raises $54M to harness a massive untapped energy source
After you've worked on rockets that find their way to outer space, it can be hard to come up with a second act. For SpaceX alumni Andrew Redd, it meant looking deep in the ocean. Redd, who grew up in the Pacific Northwest, a region affected by…
Drexel University Receives $112 Million Gift, The Largest In Its History
Lorie and Nick Howley have given Drexel University $112 million, the largest gift in its history Drexel University announced today that it's received the largest gift in its history — $112.6 million from the Howley Foundation, founded by…
The Dodge Charger Has Put Solid-State Battery Technology on the Road
Solid-state batteries have long been hyped as a major breakthrough in electric vehicle technology, promising faster charging, greater energy density, and improved efficiency. While the tech has remained largely a science experiment confined to…
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